Forum
Posts by "djellal"
751 Posts Total by "djellal":
23
Posts by Anonymous "djellal":
FXCM is shifting US accounts back home
by Michael Greenberg at Forex Magnates
Following the pretty much unclear situation concerning US overseas accounts with the CFTC new rules FXCM has decided to mandatory shift all US account from its foreign subsidiaries back to the US. Im sure all US brokers will follow this shortly but for some its going to be a financial disaster as they only opened subsidiaries in the UK to avoid NFA rules, and now they need to transfer all accounts back.
However, its a very good day for offshore brokers, no doubt. Im sure many US clients will refuse this transfer back to the US because there are reasons why they opened accounts overseas in the first place: there are no FIFO and low leverage rules there. In this case, some clients will just open new accounts with non-US based brokers and others will simply stop trading forex.
I'm fxspottraderpro and after work i manage my own dineros from 3 years with MT4 from activtrades (london), little broker but two king of acount : interbank and standard(MM).
if you have money take bloomberg as broker.
or for free CMC (MM but good), FxALL, fxcm, Interbankfx, Dukascopy,Bullcambfx(not broker but they provide MT4)
there is no chance for an lonnie bounce for few time, hold short positions
pkoi tu voulais mon num ?
Indeed wait for 1.35
France is a country sheep which ll vote to sarkobicth again... thanks to patriotism, propaganda, cleavage...
I'm glad i left this country
so on long term view i would like to sell it too. Indeed UE inflation is on the upside, but i think USA want a weak USD in order to create new job thanks to exports that's why I think FED had dovish outlook today and hold the idea that they could put new QE on the table .
And if chinese don't hike rates new QE will be their weapon...
+ european debt crisis is over for several month
+ chinese could buy euro
USA want to hold their leadership in indian ocean where is most important exchange area in the world tht'why they should have a weak dollar to be competitive in this region against the yuan.
so I think there is no reasons for the 6 next months to see a bounce in the USD.
That's why buy eurusd for long term